Crypto Glossary
Plain-English definitions of the cryptocurrency, blockchain and trading terms you will meet as you learn.
L
Layer 0
Layer 0 is the network structure that runs underneath the blockchain system. It consists of elements such as protocol, connectivity, hardware and miners that form the foundation of the blockchain ecosystem.
Layer 1
Base blockchain protocol layer
Layer 2
Scaling solutions built on top of Layer 1
Liquid Staking
Liquid staking allows users to use their tokens in the DeFi ecosystem while staking them.
Liquidation / Liquidation
Liquidation means converting the asset or cryptocurrency into fiat money or its equivalent.
Liquidation Wave
Liquidation transactions accumulate in a row and cause sudden price changes.
Liquidity
The ease of converting assets into cash
Liquidity
The ability to easily buy and sell any cryptocurrency without affecting the overall market price.